On 8th March 2021, Ujjivan Small Finance Bank (USFB) launched “Garima Saving Accounts”, a women Saving Account to provide the financial needs of women. The account offers various customised benefits for women which includes a maximum of 7% rate of interest on savings account.
- To support the financially aware and economically active women.
- To support the day to day banking needs of women.
Features of “Garima Savings Account”:
i.Free Cash Deposit of up to Rs.5 lakhs per month or 8 transactions, whichever is earlier at any Ujjivan SFB branch.
ii.Higher cash deposit and free unlimited withdrawal at any of its branches (No additional charges for non-home branch transactions).
iii.No penalty charges on non-maintenance of minimum balance with our Regular Savings Account.
i.The account comes with a complimentary membership to Kavach Plan with protection worth up to Rs. 60,000 (Purchase protection upto Rs.50000 and price drop protection upto Rs.10000).
ii.Free RuPay Classic Debit Card which is specially designed for women.
iii.Free NEFT and RTGS transactions through online mode.
Recent Related News:
On December 7, 2020 Ujjivan Small Finance Bank(SFB) Ltd introduced ‘Money Mitra’, a new channel, to make banking services accessible to its customers in their neighbourhood.
Money Mitra facilitates entrepreneurs of local businesses like kirana / medical stores or Insurance agencies to offer retail banking solutions to Ujjivan SFB customers exclusively.
About Ujjivan Small Finance Bank:
MD & CEO– Nitin Chugh
Tagline– Build a Better Life
Headquarters– Bengaluru Karnataka
Ujjivan SFB commenced its operation as Small finance bank on 1st February 2017.